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From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management. Form new supplier relationships.
The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. They ship very small batches twice a week.
So for contractors, I think it becomes a challenge of making sure they understand the inventory of the customers that they’re working with and how the economic and funding environment is affecting those particular agencies so they can operate smarter, be more strategic about where they’re competing.
He states, “there may be circumstances where an accommodation can be reached by mutual agreement of the contracting parties, perhaps to address acute impacts on small business and other suppliers[.]” [52] Now, he is getting to the heart of the issue, which is what to do about fixed-price contracts already in existence. 195] See Indus.
For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. Suppliers may struggle with increased operational costs or choose to focus on markets with fewer trade barriers.
52] And FAR 22.805(b) states that “[t]he contracting officer shall furnish to the contractor appropriate quantities of the poster entitled ‘Equal Employment Opportunity Is The Law.’ ” [53] A final word on checking the posters. Generally, checking the posters should occur only once a year. 90] The request need not be sent for a prime or sub.
GSA noted the following three updates to the portal: Added a field to allow an Offeror to input the period of performance for Single Award Indefinite Delivery, Indefinite Quantity contracts, Blanket Purchase Agreements, or Basic Ordering Agreements to validate whether a Collection of Task Orders was completed within five years before June 15, 2023.
White House Publishes 2024 Federal Agency AI Use Case Inventory Fedscoop reports that on December 18, the White House released the 2024 Federal Agency Artificial Intelligence (AI) Use Case Inventory. Only use cases that can be publicly disclosed are included in the inventory.
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